Shares of Standard Chartered PLC (OTCMKTS:SCBFF) have earned an average rating of “Hold” from the eight research firms that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company.
Several equities research analysts have recently issued reports on SCBFF shares. Investec reissued a “sell” rating on shares of Standard Chartered in a research note on Thursday, June 27th. ValuEngine raised shares of Standard Chartered from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. HSBC reissued a “reduce” rating on shares of Standard Chartered in a research note on Wednesday, May 1st. Zacks Investment Research lowered shares of Standard Chartered from a “hold” rating to a “sell” rating in a research note on Wednesday, August 7th. Finally, Societe Generale raised shares of Standard Chartered from a “hold” rating to a “buy” rating in a research note on Tuesday, July 2nd.
Shares of SCBFF stock traded up $0.13 during mid-day trading on Friday, hitting $7.45. 1,816 shares of the stock were exchanged, compared to its average volume of 13,972. The firm has a fifty day moving average of $8.55 and a 200 day moving average of $8.46. Standard Chartered has a 52-week low of $6.64 and a 52-week high of $9.55. The company has a market cap of $24.17 billion, a PE ratio of 12.20 and a beta of 1.32.
Standard Chartered PLC., together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, and the Middle East. The company operates through Corporate & Institutional Banking, Retail banking, Commercial Banking, and Private Banking segments. It offers retail products, such as deposits, savings, mortgages, credit cards, and personal loans; wealth management that include investments, portfolio management, insurance and advices, and planning services; and transaction banking services, such as cash management, payments and transactions, securities services, and trade financing products.
Recommended Story: What is Green Investing?
Receive News & Ratings for Standard Chartered Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Chartered and related companies with MarketBeat.com's FREE daily email newsletter.